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20121008
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. yesterday jack welch, the former chairman and ceo of ge, tweeted unbelievable job numbers. these chicago guys will do anything. can't debate, so change numbers. he's obviously very influential man. when he tweets, people listen. is there any way that these kinds of numbers can be manipulated? >> he tweets, people listen, they retweet, they write about it and we certainly talked about it a lon on cnbc. the fact of the matter is the bureau of labor statistics has been calculating this number since 1948. it's a scientific survey. they poll 140,000 businesses. you definitely have a giant sample here. what some people are saying is a possibility is that the type of businesses sampled were ones that were skewed towards jobs added. those place where is they might have add more part-time workers. we also saw a giant jump in the number of people employed from the age group of 20 to 24. the biggest jump since 1964. some of these businesses that employed more young people being pulled? it's unlikely. it's really an issue of how much data you can actually get together in 30 days time. of course, you
conservatives accuse the obama administration of doctoring the jobs number. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is not enough to significantly lower the unemployment rate. the next jobs report comes out in four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >> our team coverage of the presidential election takes us to opposite cornerses of virginia. while governor romney was in coal country in abington, president obama was in fairfax. the president talked a
conservatives accuse the obama administration of doctoring the jobs numbers. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers." >> it's really ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivation saying the numbers are real. so, while romney launches tv ads promising to do better than president obama -- >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is still not enough to significantly lower the unemploit rate. the next jobs report comes out just four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >>> health officials across the country are bracing for more cases of infection from that fungal meningitis outbreak. today the virginia department of health says about 630 people received
numbers came out, former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7.8% from 8.1% but officials from the bureau of labor statistics say the numbers are almost impossible to manipulate. general electric is the minority shareholder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than 100 people at the end of the year. the company owned by revlon is closing its beltsville facility. >>> d.c. mayor vincent gray says he is not worried about the 2014 mayoral election focusing instead on his current term. he dismissed a tweet yesterday that said he wouldn't run next election. he is currently under investigation for election fraud but no charges have been filed. gray appeared agitated when asked about the tweet and if he would run in 2014. >> is this based on somebody's opinion that was quoted today in a story? >> reporter: yes apparently. >> i don't know where they get their opinion from. >> i don't know either. >> reporter: are you going to run again? >> that isn't even an i
jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7% to 8% from 8.1%. officials from the bureau of laib statistics say the numbers are almost impossible to manipulate. general electric is the minority share holder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than a hundred people at the end of the year. simple colors owned by revlon is closing the beltsville facility and the company said it would be eliminating 250 jobs as part of a global reorganization. >>> good news for a metro rider this weekend. you don't have to deal with too much track work. crews will only be working on two lines. on the red line trains will single track between judiciary square and fort totten. on the orange line trains share a track between stadium armory and cheverly. the work continues on monday because of the holiday. everything should be back to normal tuesday morning. now to the future of metro and its new fleet of train cars. the transit agency released this video complete with l.e.d. screens and
Search Results 0 to 4 of about 5

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